WisdomTree Alternative Income Fund (BATS:HYIN) Stock Short Interest Falls 59.9%

WisdomTree Alternative Income Fund (BATS:HYIN) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 11,377 shares, a drop of 59.9% from the August 31st total of 28,354 shares. Based on an average daily volume of 12,661 shares, the short-interest ratio is currently 0.9 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Uhlmann Price Securities LLC bought a new stake in WisdomTree Alternative Income Fund in the 1st quarter valued at $1,423,000. Cetera Investment Advisers boosted its position in WisdomTree Alternative Income Fund by 17.3% during the first quarter. Cetera Investment Advisers now owns 67,011 shares of the company’s stock worth $966,000 after purchasing an additional 9,860 shares during the period. Prospera Financial Services Inc acquired a new position in shares of WisdomTree Alternative Income Fund in the fourth quarter valued at $344,000. Finally, WealthPLAN Partners LLC increased its holdings in shares of WisdomTree Alternative Income Fund by 35.9% in the first quarter. WealthPLAN Partners LLC now owns 19,341 shares of the company’s stock valued at $279,000 after purchasing an additional 5,109 shares during the last quarter.

WisdomTree Alternative Income Fund Stock Up 0.5%

Shares of BATS HYIN opened at $12.92 on Wednesday. The business’s 50 day moving average price is $13.97 and its two-hundred day moving average price is $14.26. The company has a market cap of $45.22 million, a PE ratio of 9.57 and a beta of 0.99. WisdomTree Alternative Income Fund has a twelve month low of $12.76 and a twelve month high of $17.00.

WisdomTree Alternative Income Fund Company Profile

The WisdomTree Alternative Income Fund (HYIN) is an exchange-traded fund that is based on the Gapstow Liquid Alternative Credit index. The fund tracks an equal-weighted index of 35 publicly traded alternative credit vehicles (PACs). The selection of PACs is based on related exposure to alternative credit and trading requirements. HYIN was launched on May 6, 2021 and is managed by WisdomTree.